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What does off plan mean?

Posted by: Property Booking

06 Jun 2017

We often get asked by our shared ownership customers when they can move into their lovely new homes as they are so excited to get the keys. The majority of the homes we have for sale on propertybooking.co.uk are sold in advance of them being ready, this is called ‘off plan’.

Why do we do this?

It's not to annoy our customers and make them wait even longer we promise! It's to make sure that as soon as the homes are built and ready the new shared owner just has to move in as all the sales process has been done before.

What happens when you buy ‘off plan’?

It's pretty much as simple as it sounds – you will be given a site plan, property plans details of the home, and how much it will cost you. We will then do a simple affordability calculation for you so you know what share you can buy and what share the housing association can sell to you.

As a customer of propertybooking.co.uk we take you through a simple and easy journey of registering and showing you what properties are available and how affordable #sharedownership is!

The housing association will then guide you expertly through the legal bit making sure all you need to worry about is when to organise the housewarming party.

So buying off plan really is the way to buy your shared ownership home to make sure you don’t miss out – still not sure and want to know more? Contact us for more information.